The hottest real estate markets, according to experts

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Work from home, but invest nationwide.

Real estate investments shouldn’t be limited to where you physically live, as you might miss out on some of the hottest markets in the country. The experts at Roofstock totally agree, which is why their mission is to make it easier to buy and sell properties while removing physical boundaries to enter the lucrative sector.

Roofstock is a business that enables individuals to invest in real estate, whether buying or selling, primarily focused on single family homes and small manageable properties. First, browse the market for a property anywhere in the country, which we can help you with in an instant. Then buy the listing in cash or through funding to get the title in your name. Finally, consider partnering with a licensed property manager to handle day-to-day responsibilities such as maintenance and rental. The latter is especially useful for out-of-state shopping, in any booming markets you discover.

“Our platform enables everyone from novice investors to global asset managers to value, buy and own residential investment property with confidence anywhere in the world,” the company said, which was launched in 2015, on its website. “Since inception, we have surpassed $ 3 billion in transactions and continue to disrupt the industry with cutting-edge technologies and innovations. “

What are the best markets to invest in right now?

Now for the fun part: start your journey as a real estate investor by choosing an area to invest in. Since Roofstock’s market map is so extensive, it can be difficult to find a place to settle down, especially now that you don’t need to physically live in this area to invest. Lucky for you, we’ve brought in experts from some of the biggest real estate companies like Keller Williams and RE / MAX to help you plan your future investments.

Seth Levin, Associate Real Estate Broker at Keller Williams NYC, wants you to map out for a moment and take a look at your taxes to find the best places to invest in real estate.

“Right now, a lot of money is pouring into states that have seen a lot of migration away from higher tax states,” Levin told The Post. “States like Texas and Florida are booming and prices are skyrocketing as demand far exceeds supply. While this is fantastic in the short term, there is a good chance that property values ​​will return to the land when inventory levels ease and temporary population changes due to the pandemic return to normal. Other hot areas include North Carolina, Idaho, and Arizona.

While this past year has been an unprecedented year with a difficult real estate history due to the pandemic, it is also wise to look at the statistics year over year. That’s what RE / MAX professionals do, posting their monthly report online to help others make real estate decisions through 2022 and beyond.

A screenshot of a report on RE / MAX's Top 5 Markets

“Of the 53 metropolitan areas surveyed in May 2021, the overall average number of home sales is down 0.2% from April 2021 and up 53.4% ​​from May 2020. Detroit, MI at + 136.6%, San Francisco, CA at + 135.7% and Miami, FL at + 131.8% ”, according to the RE / MAX National Housing Report of May 2021.

In which country should I specifically invest in the state I have chosen?

Once you’ve picked a general area, there’s a bit more decision making to be made when it comes to choosing property, whether it’s in a booming city or a quiet growing suburb, and knowing. how to spot the ebb and flow of the market and the migratory patterns of people who live in the region are essential.

“The best way to see which areas are best for investment is to simply look at what percentage of the location rents a property versus the property,” suggests Levin. “Looking at vacancy rates is another great way to see how a specific market is performing. It also makes sense to see, from a future appreciation perspective, whether a market is undervalued due to a temporary situation. Manhattan would be a prime example of a high performing area that has been negatively affected by temporary events. Other urban markets like Los Angeles, San Francisco, Seattle, Minneapolis and Chicago have seen some of their condo stocks suffer in the short term. Most of these areas have seen this trend reversal before, but there is a lot more appreciation to come. “

While remote investing is a game-changer for those who don’t want to relocate to manage their properties, experts suggest putting boots on the ground during the scouting process to get a feel for the area before committing.

“There is no alternative to kicking tires,” said Kobi Lahav, senior general manager and sales manager of customer brokerage firm Living NY. “Go around the neighborhood, talk to people, sit in a cafe. Get the feel of who lives there. Young families are always a good sign, as are new trendy cafes. There are also certain constants that never change and keep the market around them ever growing. Universities are one of those constants. Always look near good universities, top schools, not high schools, and that’s always a sign of high demand.

Of course, no one expects you to do it alone. Upon request, Roofstock will match you with an experienced property manager on a day-to-day basis, and all experts agree that having a strong team of advisors is essential, no matter where you invest.

Ultimately, where you invest will be part of your life, so you might as well choose a place that you are passionate about. After all, if you love what you do, you won’t be working a day in your life, will you?

“Find where you like,” said Daniel Blatman, associate broker for Triplemint, a real estate agency in New York City. “They say if you invest in businesses that you use and love, you can’t go wrong. I also found that with real estate.



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